TUEN MUSIC ApS — Credit Rating and Financial Key Figures

CVR number: 14826890
Europavej 3, Tuen 9881 Bindslev
tel: 98932024
Free credit report Annual report

Credit rating

Company information

Official name
TUEN MUSIC ApS
Established
1990
Domicile
Tuen
Company form
Private limited company
Industry

About TUEN MUSIC ApS

TUEN MUSIC ApS (CVR number: 14826890) is a company from HJØRRING. The company recorded a gross profit of 81.2 kDKK in 2025. The operating profit was 81.2 kDKK, while net earnings were 79.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TUEN MUSIC ApS's liquidity measured by quick ratio was 2.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit367.82201.4028.3450.2281.17
EBIT349.07182.659.5931.4781.17
Net earnings267.83134.068.0828.0579.94
Shareholders equity total789.05866.50817.98789.44801.88
Balance sheet total (assets)1 142.381 285.401 221.131 221.311 216.56
Net debt- 729.56- 865.82- 529.72- 611.16- 824.42
Profitability
EBIT-%
ROA35.3 %15.1 %0.8 %3.4 %9.5 %
ROE40.9 %16.2 %1.0 %3.5 %10.0 %
ROI36.9 %16.1 %0.8 %3.4 %9.7 %
Economic value added (EVA)231.4684.30-52.05-38.462.89
Solvency
Equity ratio69.1 %67.4 %67.0 %64.6 %65.9 %
Gearing36.8 %38.3 %45.7 %52.6 %48.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.03.02.82.9
Current ratio3.13.03.02.82.9
Cash and cash equivalents1 020.321 198.06903.271 026.041 212.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.49%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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